Call for ac­tion on flood in­surance

Yorkshire Post - Property - - PROPERTY -

MPS have been de­bat­ing flood in­surance amid con­cerns that there is no deal on a re­place­ment for the ar­range­ment on high risk ar­eas, which ex­pires in June.

Ian Pa­ton, part­ner in project and build­ing con­sul­tancy Clut­tons, has urged the Government to work with the As­so­ci­a­tion of Bri­tish In­sur­ers to find a so­lu­tion.

“The pre­vi­ous agree­ment on flood in­surance in high risk ar­eas saw in­sur­ers guar­an­tee the pro­vi­sion of cover in th­ese ar­eas if the Government in­vested sig­nif­i­cantly each year on flood de­fences.

“Given that this is due to ex­pire in three short months, we are be­com­ing in­creas­ingly con­cerned about the lack of pro­tec­tion for prop­erty own­ers go­ing for­ward,” he said.

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